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cpw13154

02/18/16 9:21 AM

#48430 RE: Slide away #48428

OH come on people 2 million buyback yeah right!!! LOL Yup going to pay back all the debt, pay the IRS,do a 2 million stock buy back,buying into another failing company that has the same problems. Then to top it off he has dropped 12 branches,revenues were already taking, owed 2 million to the IRS with 100 grand in the bank and yet no one has a quesion as to where is all the money coming from.
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lockstock87

02/18/16 9:39 AM

#48433 RE: Slide away #48428

youre understanding is half-correct

he can only buy back 25% of the average daily volume from the past 30 days


roughly 45million shares per day right now can be bought back.. even if there is only 1 million volume on any given day, the company can still buy 45 million shares by the end of the day

he doesn't need to continually pump it to be able to buy back shares